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NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 
- Minor intraday resistance – 138.40 (trend line joining 139.51 and 138.50)
- Major intraday support – 137.70 (200 15 min MA)
- The pair has broken minor intraday resistance 138.40 and jumped till 138.81 at the time of writing. It is currently trading around 138.77.
- Any break above 138.40 will take the pair to next level till 139.50. A break above 139.50 confirms minor trend reversal, a jump till 140.40/141.50 is possible.
- On the lower side, any break below 137.70 will drag the pair down till 136.80//136.40.
It is good to buy at dips 138.60-138.70 with SL around 137.70 for the TP of 141.45
